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Declining Deficit: Faster growth to give greater fiscal leg-room to states

Economic growth as well as higher revenue receipts are expected to give state governments greater leg-room in FY23.Besides, it is estimated that despite Covid-19 and populist schemes the outlook on the finances of Indian states is set to .

January inflation dents recovery in domestic economy; CPI crosses 6%

Rising Costs: Jan inflation levels at elevated levels; CPI crosses 6%

Rising global commodities prices as well as supply-side bottlenecks kept India s main inflation gauges CPI and WPI at elevated levels during January 2022 denting the recovering domestic economy.Notably, high commodities cost especially .

Costly Commodities: India s Jan retail inflation rises to over 6% (Ld)

Higher food prices, as well as rising commodity costs, lifted India s January 2022 retail inflation on a sequential as well as year-on-year basis, official data showed on Monday.As per the data furnished by the National Statistical Office, the .

RBI s MPC expected to hold rates; push for eco recovery

To enable faster economic recovery from the third Covid wave, the Reserve Bank of India is expected to retain its key lending rates during the upcoming monetary policy review, say analysts.On the other hand, the central bank might do away with .

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